Foreign investors have been broad buyers of Indian shares in the October-December quarter, with increases in foreign institutional investments (FIIs) in about 75 per cent of the BSE 200 companies, according to a report by HSBC on Thursday.

Interestingly, overseas investors appear underweight in IT - the one sector that had attracted much FII flows - only because the sector weightage was increased by 10 per cent in absolute weight terms in the MSCI India index.